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Jan 16, 2013
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house or in the senate who broke ranks publicly and said actually, purposefully driving the american economy into a ditch to make a point that even we don't understand and that is against the constitution, that might not be a great idea. nobody broke ranks when the republicans did this in 2011. nobody on the republican side. but today on the republican side somebody did. today republican senator lisa murkowski of alaska broke ranks. she gave an interview to her hometown newspaper in alaska, she says she disagrees threatening the country with default. quote, murkowski is breaking rank, saying the country has a duty to assure it pays its bills. murkowski said not all of her colleagues in the senate will say it out loud, but she believes most agree that failing to raise the debt limit would harm perception of the country. quote, if you incur an obligation, you have a responsibility to pay for that, murkowski said. time is going the tell if lisa murkowski is the first republican to break ranks or if she is the only republican to break with republican leadership on this issue. but the fact that s
house or in the senate who broke ranks publicly and said actually, purposefully driving the american economy into a ditch to make a point that even we don't understand and that is against the constitution, that might not be a great idea. nobody broke ranks when the republicans did this in 2011. nobody on the republican side. but today on the republican side somebody did. today republican senator lisa murkowski of alaska broke ranks. she gave an interview to her hometown newspaper in alaska, she...
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Jan 17, 2013
01/13
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you have to look at every aspect and look at health care costs, growthing -- growing faster than the economy. we have to fix the social security system making promises that are bigger than which we can pay out down the road. .. but he recognizes the threat it putouts there in the economy in that you can't possibly imagine the real growth coming without a sense of stability. the with coming from knowing what these changes will be so you could have planning investments, job creation, all the necessary pieces of moving the economy forward. the big wild card is when people are going to make these tough choices instead of using them to fight in the normal political boxes. what is going to happen next? it's on a different path than i would have thought. if you think about the prospect theory which basically says when you're delivering good news you want to do it in lots of little pieces if they got a promotion than you want to tell them they got a raise and then tell them they got a bigger office. each piece of big news is good and makes people happier. if you were doing bad use and waiting for an
you have to look at every aspect and look at health care costs, growthing -- growing faster than the economy. we have to fix the social security system making promises that are bigger than which we can pay out down the road. .. but he recognizes the threat it putouts there in the economy in that you can't possibly imagine the real growth coming without a sense of stability. the with coming from knowing what these changes will be so you could have planning investments, job creation, all the...
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Jan 20, 2013
01/13
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economy stand on its own 2 fe? >> we only he 30 seconds. >> the private sector r is dominick, the district will be hurt by a ock lilining the federal dollars. -- flatlining the federal dollars. >> i wanto talk about tax credits. our number of the week, we will quantify how many washingn businesses are considered the best places to work. stay with us. ♪ usining cloud computing and mobile technology, verizon innovators have developed a projective display for firefighters. allowing them to see through anything. because the world's biggest challenges deserve even bigger solutions. powerful answers. verizon. ♪ ♪ [ male announcer ] from our nation's networks... ♪ ♪ ...to our city streets... ♪ ♪ ...to skies around the world... ♪ ♪ ...northrop grumman's security solutions are invisibly at work, protecting people's lives... [ soldier ] move out! [ male announcer ] ...without their even knowing it. that's the value of performance. northr grumman. >> welcome back. if he would like to move up in your employme
economy stand on its own 2 fe? >> we only he 30 seconds. >> the private sector r is dominick, the district will be hurt by a ock lilining the federal dollars. -- flatlining the federal dollars. >> i wanto talk about tax credits. our number of the week, we will quantify how many washingn businesses are considered the best places to work. stay with us. ♪ usining cloud computing and mobile technology, verizon innovators have developed a projective display for firefighters....
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Jan 15, 2013
01/13
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but i want to see our economy recover. i would like to see this. i would like to see the labor market, fiscal policy addressed the issues that were mentioned. obviously difficult issues out there, but i do think things are moving, you know, not as fast as we would like. in that direction i am cautiously optimistic about the next oliviers. >> thank you. [applause] well, as i mentioned, i'm sure that there are a great many questions that have already been shared with our presenters, so let me turn the floor to them. >> thank you for your comments, chairman bernanke command for your comments. i am master's student. the first question is, if treasury had a trillion dollar platinum coin, with they have made in the count? if not, why not. >> well, i'm not going to give that any oxygen. [laughter] as you probably know, the treasury and the federal reserve over the weekend, the treasury issued a statement to which the federal reserve approved stating that we did not think this was the right way to deal with this problem. i mean, there are legal issues, pol
but i want to see our economy recover. i would like to see this. i would like to see the labor market, fiscal policy addressed the issues that were mentioned. obviously difficult issues out there, but i do think things are moving, you know, not as fast as we would like. in that direction i am cautiously optimistic about the next oliviers. >> thank you. [applause] well, as i mentioned, i'm sure that there are a great many questions that have already been shared with our presenters, so let...
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Jan 17, 2013
01/13
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the economy is growing. instead of contracting. in the first quarter of 2009, the gdp contracted 5.3%. it grew 3.1% when the last time it was officially measured. though remains below where it was before the great recession, consumer confidence has nearly doubled. and a larger percentage of americans, 41%, according to our last poll, believe the country is headed in the right direction, up from 26% in january, 2009. on the other hand, there is plenty of data to support the idea that the drink country is not better off than it was four years ago. and that the struggling economy continues to take a toll on families. median household income is lower than it was in 2009. and 46 million americans live below the poverty line. several million more than four years ago. the federal public debt has increased from 10.6 trillion in january 2009 to 16.4 trillion now. then there's the big number that's exactly the same as it was four years ago. the unemployment rate. 7.8%. though it's down from, of course, a high of 10% in october of 2009. few o
the economy is growing. instead of contracting. in the first quarter of 2009, the gdp contracted 5.3%. it grew 3.1% when the last time it was officially measured. though remains below where it was before the great recession, consumer confidence has nearly doubled. and a larger percentage of americans, 41%, according to our last poll, believe the country is headed in the right direction, up from 26% in january, 2009. on the other hand, there is plenty of data to support the idea that the drink...
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Jan 17, 2013
01/13
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it has to be into the economy. we not only have to inducer and sent people to step on the accelerator to create more jobs. that's a matter of having to rip us from our vacations, tax incentives and so on, that has to be transmitted to the banking system. these banks are in such deep trouble in control so much of the assets have been focused on other things. they are interfering the effectiveness for accommodative monetary policy. if you get people to understand this is hurting job creation in the district come he might more political support. i believe this support is gaining ground. it's not just a question of fairness. it's a question of efficacy. and i believe it is beginning to gain ground. [inaudible] >> that's up to people on the hill and the people that want to support this effort. it takes to fix greater to that. that may mean it's not doable. i don't think so. >> thank you for being with us this evening. i'm at catcher catcher and the university of virginia and i really would like to give you the opportuni
it has to be into the economy. we not only have to inducer and sent people to step on the accelerator to create more jobs. that's a matter of having to rip us from our vacations, tax incentives and so on, that has to be transmitted to the banking system. these banks are in such deep trouble in control so much of the assets have been focused on other things. they are interfering the effectiveness for accommodative monetary policy. if you get people to understand this is hurting job creation in...
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Jan 18, 2013
01/13
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FBC
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the fed was unprepared with what happened to the broader economy. they were really behind the market playing catch up the entire time. that is what raises a lot of concerns about this very loose monetary policy. if the fed going to withdraw this stimulus in a popular fashion that we can avoid inflation. their track record is pretty dubious. cheryl: there are so many issues facing us, that is why it is alarming some of the comments especially from the bernanke. they're telling us they will keep interest rates low, but do we buy that at this point? one of the things that is really doing is helping the housing market. you're right, inflation comes in, and then what rush mark >> i don't think the we will have inflation immediately. the problem is when it comes, could come fast and once again the fed is playing catch-up with that. i don't think there's any risk of that happening in 2013 from the housing market, housing is improving and the fact mortgage rates have been so low i expect they will remain low in 2013, i think the 30-year fixed won't be an im
the fed was unprepared with what happened to the broader economy. they were really behind the market playing catch up the entire time. that is what raises a lot of concerns about this very loose monetary policy. if the fed going to withdraw this stimulus in a popular fashion that we can avoid inflation. their track record is pretty dubious. cheryl: there are so many issues facing us, that is why it is alarming some of the comments especially from the bernanke. they're telling us they will keep...
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Jan 18, 2013
01/13
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we are talking about the economy and jobs and what people really wanted to see done. we moved away from that. you know, the rnc, the leadership, whatever it is, they have focused on something other than what the american people are talking about, and we paid a dear price this past november, and we'll continue to pay that price if we don't wise up and get smart about what the people in this country are concerned about. >> the other side to you, bob, as a democrat, what are the advantages the democrats have to use as a party now? they don't control the house. whatever happens on guns, for example, is going to have to come out of a republican dominated committee in the house. that's tricky. and i keep thinking in the end we can talk all we want about the man in the street and the woman in the street and public opinion. you know how it works. somebody has got to get it out of committee and on the floor of the senate and the house. >> we'll see if we can get around this rule about the majority of the majority has to be for something. basically boehner's dispensed that rule
we are talking about the economy and jobs and what people really wanted to see done. we moved away from that. you know, the rnc, the leadership, whatever it is, they have focused on something other than what the american people are talking about, and we paid a dear price this past november, and we'll continue to pay that price if we don't wise up and get smart about what the people in this country are concerned about. >> the other side to you, bob, as a democrat, what are the advantages...
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find out what's really happening to the global economy with mike's cause or for a no holds barred look at the global financial headlines tune into kinds a report. on . morning news today violence is once again fled the film these are the images the world has been seeing from the streets of canada. giant corporations are old today.
find out what's really happening to the global economy with mike's cause or for a no holds barred look at the global financial headlines tune into kinds a report. on . morning news today violence is once again fled the film these are the images the world has been seeing from the streets of canada. giant corporations are old today.
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Jan 18, 2013
01/13
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this is a positive thing for the city and the economy. >> the wrights flu in from florida. >> we -- flew in from florida. >> we're excited to be here and engage in an american tradition. >> despite all the people coming to town, there are still open hotel rooms. occupancy ratings are about 70% right now they were 90% four years ago. you can expect to see deals out there this weekend. reporting live in northwest washington suzanne kennedy. >> now as businesses prepare for a busy three days the transit is getting ready for >> the rush is on already as hundreds of people are inside trying to transform this convention center into a three-story party place. they have three days left to get ready for tens of thousands of party goers. in 2009, the president and the first lady appeared at 10 narble balls. >> the president will dance at all three levels. >> the top floor is reserved for the commander in chief ball and the only place you will see the presidential sale. one floor down it is set for the kids narble -- inaugural concert. >> brad paisley, jennifer hudson smoky robinson, and usher. >>
this is a positive thing for the city and the economy. >> the wrights flu in from florida. >> we -- flew in from florida. >> we're excited to be here and engage in an american tradition. >> despite all the people coming to town, there are still open hotel rooms. occupancy ratings are about 70% right now they were 90% four years ago. you can expect to see deals out there this weekend. reporting live in northwest washington suzanne kennedy. >> now as businesses...
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Jan 16, 2013
01/13
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toying with the global economy. and so, i think it is somewhat -- it seems great to talk about to the ninth, but the closer you get to that class, the less likely it is that you'll find the u.s. over it. the mac for me ask one other in the loco to grind out third start. he told "politico" last week that a balanced approach replacing the sequesters spending cuts and revenue should accelerate tax refund is fully possible this year for work and by person basis. does that square with people estate tax reform is going to because of scheduling. need to do with the limits of kuester and the house republicans concern if they do anything on tax reform, that they may leave themselves open to the senate not taking action and therefore an unpopular vote for no reason. are you optimistic on tax reform? >> first of all, we have to resolve this debt crisis in terms of sequestration and intern says the full faith and credit of the u.s. in the next six weeks. we are going to accomplish tax reform in the next six weeks. so we have a
toying with the global economy. and so, i think it is somewhat -- it seems great to talk about to the ninth, but the closer you get to that class, the less likely it is that you'll find the u.s. over it. the mac for me ask one other in the loco to grind out third start. he told "politico" last week that a balanced approach replacing the sequesters spending cuts and revenue should accelerate tax refund is fully possible this year for work and by person basis. does that square with...
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both over the next decade why why are you not embracing this because of the dire straits that our economy is in you know just today i was watching the president say how we have to raise the debt ceiling so we can pay our bills and this is going to generate such more so much more debt you know if we're going to go through this process in the vetting how about this would this be for a compromise these individuals who would now be on this path to citizenship would not receive any state or federal benefits welfare under any euphemism have to work on the books and such so as not to displace an american worker and not be a bigger burden on our financial system though they already have it already inside the possibility some people may need some of those benefits because they're operating below the poverty level or they have children in school and you would call a public education a benefit i would and i would consider call it a right but you know are you making the case let's put them on the books let's let's no no no the minimum wage at the very least you know pay them pay them living wages wel
both over the next decade why why are you not embracing this because of the dire straits that our economy is in you know just today i was watching the president say how we have to raise the debt ceiling so we can pay our bills and this is going to generate such more so much more debt you know if we're going to go through this process in the vetting how about this would this be for a compromise these individuals who would now be on this path to citizenship would not receive any state or federal...
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Jan 19, 2013
01/13
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road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. >>> you are looking at a live shot of the white house in the nation's capital on this fine saturday morning just one day before the president and vice president will be sworn in for their second terms two days before the inaugural celebration of that. hello from washington, d.c. i'm chris hayes here with congressman rick nolan of minnesota, congresswoman michelle lujan grisham of florida, and congressman mark pocan of wisconsin. we are talking about congress, why the american people are unenthused about the institution, and i thought this little item had a lot to do with it. we're talking about congressman nolan had served from '75 to '81 and had seen the changes and one thing you've said is congress is in session less, work weeks are shorter, you're spending less time in the capital and with people on committee and part of what is
road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. >>> you are looking at a live shot of the white house in the nation's capital on this fine saturday morning just one day before the president and vice president will be sworn in for their second terms two days before the inaugural celebration of...
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Jan 15, 2013
01/13
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we need to diversify our local economy in virginia. i hope we can work with both of our senators to get this done. host: we are talking with representative scott rigell. this is a headline in "the washington post." she talks about a new freshman class of republicans and your class as well that had been a headache for the speaker. there will be a test on tuesday. where do you come down on this? guest: i think we have been good for the speaker. i am not dodging the questione. everybody needs to shoot straight. i do not know how i will vote on the particular bill. it has only come out in the last day or so. we have not anticipated and planned for these type of natural disasters. you would think we would have budgeted enough. either we're not done a good estimates or we are spending far more than we should. i will be evaluating that. i know there will be some amendments. there are some things that i don't think most americans would not funded. therein lies the challenge. every bill we vote on on typically has some things that are good and
we need to diversify our local economy in virginia. i hope we can work with both of our senators to get this done. host: we are talking with representative scott rigell. this is a headline in "the washington post." she talks about a new freshman class of republicans and your class as well that had been a headache for the speaker. there will be a test on tuesday. where do you come down on this? guest: i think we have been good for the speaker. i am not dodging the questione. everybody...
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Jan 14, 2013
01/13
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FOXNEWSW
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>> it has to do a little bit with global economy. the problem is they are running out of rich people who can afford this phone globally. they got the market dominated. disposable income. what happens they have the u.s. market locked up. there is a lot of competition from samsung phones, but the other part of the globe is emerging markets. they are not laying out $700 for a phone through the plan like you do in america. european people can afford these phones but there is not going to be a lot of growth. asian countries, they will take a knockoff if it is cheaper. you have seen recently apple launch the mini. it's cheaper than the ipad. there is a rumor they may launch a hundred dollar phone, but for china markets. >> neil: kim, is this going beyond apple or what do you think? >> i think the overall sales. the reality in this country and probably others but if you forget your lunch for the day you may not go back for your lunch but i bet everybody goes back for their phone. technology is not going anywhere and top tiered market looks
>> it has to do a little bit with global economy. the problem is they are running out of rich people who can afford this phone globally. they got the market dominated. disposable income. what happens they have the u.s. market locked up. there is a lot of competition from samsung phones, but the other part of the globe is emerging markets. they are not laying out $700 for a phone through the plan like you do in america. european people can afford these phones but there is not going to be a...
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they won't be asking for the public option maybe they want to do in these kinds of things so that the economy grows or as a lever that i'm slightly i'll leave you with the last word thank you very much for the kids. coming up the phone lines are now open for our your take my take a live segment so if you want a chance to ask me a question live on the big picture give it give us a call to a tune i know for twenty one thirty four i got to talking with you after the. elections. you know how sometimes you see a story and it seems so for life you think you understand it and then you glimpse something else and you hear or see some other part of it and realize everything you thought you knew you don't know i'm tom harpur welcome to the big picture. not your asian day of the ball much more than a point about taking a closer look at president obama's second term be even more true and even more invasions of our privacy can end monday january twenty first as the exam and bottom line for the president only on a.
they won't be asking for the public option maybe they want to do in these kinds of things so that the economy grows or as a lever that i'm slightly i'll leave you with the last word thank you very much for the kids. coming up the phone lines are now open for our your take my take a live segment so if you want a chance to ask me a question live on the big picture give it give us a call to a tune i know for twenty one thirty four i got to talking with you after the. elections. you know how...
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find out what's really happening to the global economy with max concert for a no holds barred look at the global financial headlines tune into kinds a report. in screwed news last year the federal government spent a whopping eighteen billion dollars on the failed war on illegal immigration that's more than every other federal law enforcement agencies spent last year combined that's also eighteen billion dollars that could have been put to better uses like helping to rebuild our struggling economy so it should come as good news that according to new york times the obama administration will continue its calls for comprehensive immigration reform which includes provisions for high skilled workers students and a pathway to citizenship for immigrants who achieved legal status of course many republicans aren't happy about the administration's plans but it looks like president obama might get some help from an unlikely source evangelical religious leaders some of of america's most popular evangelical pastors and religious leaders launched a new campaign today to support immigration reform an
find out what's really happening to the global economy with max concert for a no holds barred look at the global financial headlines tune into kinds a report. in screwed news last year the federal government spent a whopping eighteen billion dollars on the failed war on illegal immigration that's more than every other federal law enforcement agencies spent last year combined that's also eighteen billion dollars that could have been put to better uses like helping to rebuild our struggling...
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Jan 19, 2013
01/13
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economy at risk if they don't get their way on spending cuts. he is not why the white house partnered with gun legislation, no matter how small, is tantamount to taking away guns, he is not why extreme movements like extreme ideas like going back to a gold standard in the middle of an economic crisis have taken root on the right. this country needs and deserves a better republican party. and there are a lot of people in the republican right now who want a better republican party who are trying to push it there. those people, i think include key leaders in the party, like the house republican leaders this week who are trying to talk their members down from the ledge. they include folks like david brooks who in saying that republicans look deeply unreasonable, they are telling republicans you are being unreasonable. you need to move to the center. the structure of their argument a bit weird, but they're pushing in the right direction. for the republican party to fix itself will require a painful process, in which insane voices stare up and stare d
economy at risk if they don't get their way on spending cuts. he is not why the white house partnered with gun legislation, no matter how small, is tantamount to taking away guns, he is not why extreme movements like extreme ideas like going back to a gold standard in the middle of an economic crisis have taken root on the right. this country needs and deserves a better republican party. and there are a lot of people in the republican right now who want a better republican party who are trying...
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Jan 21, 2013
01/13
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none of this happens in the way we wanted until we grow this economy more. and i think the public gets that. i think the deal at the end of the year, the budget deal, was, in many ways, the agreement was an acknowledgment affirmation by both parties. the trickle down economics doesn't work. it doesn't trickle down and help the middle class. and those who aspire and focus on the middle sclaclass and wor families. that's what that agreement was about three weeks ago. that's where the president focuses. he focuses on immigration. i think all of this is climate change is very possible. because the public ratified that, affirmed that in the election. and i think the public wants him to move forward. >> harnessing the power of his reelection campaign, how important will it be for the people's support to be rallied to achieve? >> i think ten years ago, even in the beginning of the obama administration, i think once he was elected, we all thought progressive president, good things are going to happen. then, mitch mcconnell and john boehner came and said stop. i thin
none of this happens in the way we wanted until we grow this economy more. and i think the public gets that. i think the deal at the end of the year, the budget deal, was, in many ways, the agreement was an acknowledgment affirmation by both parties. the trickle down economics doesn't work. it doesn't trickle down and help the middle class. and those who aspire and focus on the middle sclaclass and wor families. that's what that agreement was about three weeks ago. that's where the president...
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Jan 19, 2013
01/13
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i wouldn't put any jeopardizing of the economy there. shows that it is a very rational, put us on a better path and i would think all the american public could support it in the senate as well. >> the house is also suggesting a policy of no budget, no pay. if lawmakers fail to do their job, the american people shouldn't pay them. bill? >> bill: what do democrats say about all of this, mike? >> they seemed to welcome the idea, the republicans sound willing to extend the debt ceiling. a spokesman for majority leader harry reid says if the house can pass a clean debt ceiling increase to avoid default and allow the white house to to meet its existing obligations we will be happy to consider it. they don't want the drama. >> debt ceiling in a manner that causes no concern to the economy and to global markets, that does not in any way suggest that washington is about to, you know, engage in another process that results in a self-inflicted wound to the economy. >> this afternoon, carney calls on congress to pass an extension of the borrowing li
i wouldn't put any jeopardizing of the economy there. shows that it is a very rational, put us on a better path and i would think all the american public could support it in the senate as well. >> the house is also suggesting a policy of no budget, no pay. if lawmakers fail to do their job, the american people shouldn't pay them. bill? >> bill: what do democrats say about all of this, mike? >> they seemed to welcome the idea, the republicans sound willing to extend the debt...
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Jan 18, 2013
01/13
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so when the economy goes up, we are doing well. and when consumer confidence goes down we have the roller coaster effect with our tax base. host: an economic overview of your city, where your tax structure comes from and who are your largest employers. guest: it is the largest city in our stated. we're the home to our state capitol, to a large hospital system which is our largest employer and also the army's largest training base in the world. we have a sensitive tax structure that sees 2/3 of our real estate not on our tax. our primary comes from our tax sment and our water that serve it is region. we've watched our unemployment decrease, we've out paced the national economy. last year we saw $1.1 billion in national investment. our focus has been on investing in our urban core and doing it together. a great focus on riegism. >> a question to both of you with debt in this country cities do that by floating bonds which explain how that works in mesa, arrest arrest and what that works for and how it's paid off. guest: we like to say
so when the economy goes up, we are doing well. and when consumer confidence goes down we have the roller coaster effect with our tax base. host: an economic overview of your city, where your tax structure comes from and who are your largest employers. guest: it is the largest city in our stated. we're the home to our state capitol, to a large hospital system which is our largest employer and also the army's largest training base in the world. we have a sensitive tax structure that sees 2/3 of...
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Jan 13, 2013
01/13
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>> i hope the president can turn this economy around. we are all rooting for our economy. but his policies are a disaffer and the american people are scared to death. >> eric: joe, if you listen to matt, the president's policies may not seem to work? >> well, i -- with respect to matt, i tried to let the facts. he's right. we need a fair, simple and compliant tax code. we have $150 billion that corporations do in tax expenditures to avoid the tax rates. so their tax rate on average is 16%, not 35%. but that's inefficient. we have to do what matt said, and tax people efficiently. if you go back to world war ii and take all the years since then, when our tax rate was 70% in the 50s and you look at periods with more than 38%, we had an employment rate that grew of .5%. when the tax rate was -- excuse me -- was 2%. when the tax rate went down to 38% or below, we grew at five%. my point is this is not taxes. what is key, let's take murderrive and regalations on businesses, they have increased. if they are paying 33% more for regulations per individual, you are not opening up th
>> i hope the president can turn this economy around. we are all rooting for our economy. but his policies are a disaffer and the american people are scared to death. >> eric: joe, if you listen to matt, the president's policies may not seem to work? >> well, i -- with respect to matt, i tried to let the facts. he's right. we need a fair, simple and compliant tax code. we have $150 billion that corporations do in tax expenditures to avoid the tax rates. so their tax rate on...
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Jan 13, 2013
01/13
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CNNW
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in order to do that, we have to invest more in this economy. we're investing half as much as we used to. in infrastructure. we're investing half as much in science and technology. and we're investing much less than we used to in core areas of education. state universities for example are being decimated. so if you don't invest for the future, where are you going to get the growth in the future? >> but in 2008 and 2009, invest became a bad word, invest became government spending. when you're talking about investing, you're talking about it in a fairly sophisticated manner. some in the government. some the private sector, each on their own and some jointly. that kind of discussion feels dead on arrival in this political environment where we can't get something like a basic budget done. >> the problem is we're going to have to do some of this, anyway. anyone who owns a home knows this. if you defer maintenance, if you say to yourself, my boiler is leaking but i'm not going to fix it, that's actually a penny wise, pound-foolish decision. it will ev
in order to do that, we have to invest more in this economy. we're investing half as much as we used to. in infrastructure. we're investing half as much in science and technology. and we're investing much less than we used to in core areas of education. state universities for example are being decimated. so if you don't invest for the future, where are you going to get the growth in the future? >> but in 2008 and 2009, invest became a bad word, invest became government spending. when...
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Jan 14, 2013
01/13
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how many conservatives truly believe their tactics pose no risk whatsoever to the economy, particularly given what happened the last time they took the debt ceiling hostage? >> look, what heritage put out today is drivel. a transparent attempt -- >> drivel, this is the considered view of an important organization. >> yeah, whose president is jim demint. i don't take it all that seriously. >> okay. >> what they're saying is, well, the government could pay the interest on its bonds, but you could then cut everything else, social security, medicare, education. what they're ignoring is the fact that you would shake the confidence of markets all over the world with unpredictable consequences. this could be of the order of lehman brothers in 2008. john boehner actually knows this. he said the other day that a default would be a financial disaster, and he's taking his folks to their retreat, their weekend retreat somewhere in right wing fantasy land and he has a power point -- >> i believe it's in virginia so please be respectful of that state. >> i love that state. i think there's going to be
how many conservatives truly believe their tactics pose no risk whatsoever to the economy, particularly given what happened the last time they took the debt ceiling hostage? >> look, what heritage put out today is drivel. a transparent attempt -- >> drivel, this is the considered view of an important organization. >> yeah, whose president is jim demint. i don't take it all that seriously. >> okay. >> what they're saying is, well, the government could pay the...
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Jan 17, 2013
01/13
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. is the same frequent heartburn treatment as prilosec otc. now with a fancy coating that gives you a burst of wildberry flavor. now why make a flavored heartburn pill? because this is america. and we don't just make things you want, we make things you didn't even know you wanted. like a spoon fork. spray cheese. and jeans made out of sweatpants. so grab yourself some new prilosec otc wildberry. [ male announcer ] one pill each morning. 24 hours. zero heartburn. satisfaction guaranteed or your money back. [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever y
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. is the same frequent heartburn treatment as prilosec otc. now with a fancy coating that gives you a burst of wildberry flavor. now why make a flavored...
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Jan 18, 2013
01/13
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billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ ♪
billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ ♪
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Jan 17, 2013
01/13
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FBC
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this country faces, according to respondents of the latest gallup poll looking at the deficit and the economy and unemployment is far more important. public policy in washington. the president is going after our guns, unveiling the most sweeping set of gun-control proposals and nearly two decades here is this moments. the reson that there is so for the second amendment to prevail despite his assault. the decade-long assault weapons ban, which ran from 1994, it did not work. 1994 was a different year, by the way, then this year, 2013. and the political conditions are quite different because the reality of america is quite different. it is important to look back and think about the fact that in '94, the house, the senate, and the white house were all controlled by democrats. today republicans control just the house as the president likes to constantly remind us. back then president clinton pushed the assault weapons ban as part of a broader crime bill. it was not just an imperious and grabbed, but it was an important piece of legislation, and it was a different time. despite the prosperity, the
this country faces, according to respondents of the latest gallup poll looking at the deficit and the economy and unemployment is far more important. public policy in washington. the president is going after our guns, unveiling the most sweeping set of gun-control proposals and nearly two decades here is this moments. the reson that there is so for the second amendment to prevail despite his assault. the decade-long assault weapons ban, which ran from 1994, it did not work. 1994 was a different...
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Jan 15, 2013
01/13
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the rest of the world is counting on our economy right now to keep growing so the world economy can keep growing. when newt gingrich says this is a bad idea to use -- hold the country hostage to the debt ceiling, when newt gingrich looks like a moderate and a statesman, i think the republicans ought to rethink their strategy. >> ruth, how badly would this damage the economic recovery? i think it would totally wipe it out. it would probably bring from what i could see unemployment to levels that we haven't seen even back when we had the economic problems in the start of 2009. it would be worse than that. what do you think? >> it would be a complete disaster. and both sides have acknowledged that, that i think the president put it really well today when he said that the republicans are essentially saying if we don't get 100% of what we want, we're going to blow up the economy. and nobody doubts that it would blow up the economy. but also what they're pushing for is deep cuts that will hurt that very same list of people you started the segment with. they want cuts to social security, to med
the rest of the world is counting on our economy right now to keep growing so the world economy can keep growing. when newt gingrich says this is a bad idea to use -- hold the country hostage to the debt ceiling, when newt gingrich looks like a moderate and a statesman, i think the republicans ought to rethink their strategy. >> ruth, how badly would this damage the economic recovery? i think it would totally wipe it out. it would probably bring from what i could see unemployment to...
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Jan 18, 2013
01/13
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FBC
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the economy revving up in the fourth quarter. phil flynn of price futures group is in the trading pits of the cme for us. >> the most exciting thing that i heard today was that api report. yes, the man did that to the lowest level in over 16 years. production, the highest level since before the civil war, consider that. up 16%. that is an incredible number. it is really changing the global energy market. there will still be some risk factors going into the weekend. we are a little bit concerned. right now, prices are staying pretty steady. there are a lot of market ahead of this three-day holiday weekend. melissa: i am surprised that that kind of data does not have an impact on price. >> partly, it is because of the economics. the dollar viewpoint. demand growth in the future. the other issue is that what we will see is the global marketplace, as well, starting to get out into the global marketplace. it will drive up the cost of wti. really, you have to look at this bread. you know, we will see falling prices in europe. lower pro
the economy revving up in the fourth quarter. phil flynn of price futures group is in the trading pits of the cme for us. >> the most exciting thing that i heard today was that api report. yes, the man did that to the lowest level in over 16 years. production, the highest level since before the civil war, consider that. up 16%. that is an incredible number. it is really changing the global energy market. there will still be some risk factors going into the weekend. we are a little bit...
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Jan 19, 2013
01/13
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saying it is encouraged that congressional republicans may back off their insistence on holding our economy hostage, a temporary extension would avert an immediate crisis since the country is set to reach its debt limit as early as mid- february. >> default is not an acceptable option. congress has to simply do its job and pay the bills they've already racked up. >> reporter: all of this sets the stage for even bigger battles ahead when lawmakers have to revisit this issue and deal with automatic spending cuts and the possibility of a partial government shutdown when another temporary measure ex perils the end of march. in -- expires the end of march, in washington jennifer davis, fox news. >>> attorney general eric holder is defending president obama's gun control plan, many arguing the president is violating the constitution with his 23 executive orders, but molder dismisses those attacks and said he's -- holder dismisses those attacks and said he's asking every governor across the country to back the president's stance. >> many of you are trying to heed and honor the lesson from sandy ho
saying it is encouraged that congressional republicans may back off their insistence on holding our economy hostage, a temporary extension would avert an immediate crisis since the country is set to reach its debt limit as early as mid- february. >> default is not an acceptable option. congress has to simply do its job and pay the bills they've already racked up. >> reporter: all of this sets the stage for even bigger battles ahead when lawmakers have to revisit this issue and deal...
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Jan 15, 2013
01/13
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CSPAN
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even the threat of default hurts our economy. it's hurting our economy as we speak. we shouldn't be having that debate. if we want to have a conversation about how to reduce our deficit, let's have that. we've been having that for the last two years. we just had an entire campaign about it. and by the way, the american people agreed with me that we should reduce our deficits in a balanced way that also takes into account the need for us to grow this economy and put people back to work. and despite that conversation, and despite the election results, the position that's been taken on the part of some house republicans is that, "no, we've got to do it our way, and if we don't, we simply won't pay america's bills." well, that can't be a position that is sustainable over time. it's not one that's good for the economy now. bes certainly not going to the kind of precedent that i want to establish not just for my presidency, but for future presidents, even if it was on the other side. democrats don't like voting for the debt ceiling when a republican is president, and yet y
even the threat of default hurts our economy. it's hurting our economy as we speak. we shouldn't be having that debate. if we want to have a conversation about how to reduce our deficit, let's have that. we've been having that for the last two years. we just had an entire campaign about it. and by the way, the american people agreed with me that we should reduce our deficits in a balanced way that also takes into account the need for us to grow this economy and put people back to work. and...
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Jan 19, 2013
01/13
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FOXNEWS
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operation hundreds of algerians, along with several does foreigners, this is critical to algeria's economy. so the terrorists again, against the background of a 20-year long struggle against islamists by the algerian government. there's a lot going on here that shows, i think, the strength, the base of support al-qaeda and other terrorists are going to have. >> greta: and it's no secret this was a foreign target with bp, british. and the terrorists knew exactly what they were doing. >> exactly. >> greta: ambassador, nice to see you, sir. >> thank you. >> greta: the sicyanide poisoning of a lotteries winner and his body was exhumed. and ckardashians, cops swarming the house. find out what's going on. it's strange, i'm getting gray, but kate -- still looks like...kate. nice'n easy with colorblend technology gives expert highlights and lowlights. for color that's true to you. i don't know how she does it. with nice'n easy, all they see is you. using cloud computing and mobile technology, verizon innovators have developed a projective display for firefighters. allowing them to see through anyt
operation hundreds of algerians, along with several does foreigners, this is critical to algeria's economy. so the terrorists again, against the background of a 20-year long struggle against islamists by the algerian government. there's a lot going on here that shows, i think, the strength, the base of support al-qaeda and other terrorists are going to have. >> greta: and it's no secret this was a foreign target with bp, british. and the terrorists knew exactly what they were doing....
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Jan 15, 2013
01/13
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CNBC
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i bet that this is one of these moments where the world economies are going to be better. i say that because it is the same batehavior i've seen over d over and over again. they are days to buy, not sell. in order to get into this bull market, here is the bottom line, i think this market is simply taking a snooze after a big bull run. but wakes itself up perhaps with my clock and if history serves me right, they go higher not lower and it is turned out that their evaluations ended up being catalysts galore. bob in florida, bob >> it is fwrat to tais great to. south florida by way of teaneck, new jersey. i'm calling about krispy kreme donuts. i sold it and forgot about it and now it seems like they reinvented themselves. the stock is up 70% since mid november and still trading. even talk about take over. >> i believe there is a turn going on. it has been ages since i looked at it. the last time i looked at it i chipped my tooth. i will do more work on it and see where this one can stop. nobody does know. robert in massachusetts, robert. >> booyah jim, hail from massachusett
i bet that this is one of these moments where the world economies are going to be better. i say that because it is the same batehavior i've seen over d over and over again. they are days to buy, not sell. in order to get into this bull market, here is the bottom line, i think this market is simply taking a snooze after a big bull run. but wakes itself up perhaps with my clock and if history serves me right, they go higher not lower and it is turned out that their evaluations ended up being...
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Jan 18, 2013
01/13
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WRC
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meantime, tim geithner says americans are too dark about the economy right now. the treasury secretary says the economy is in the final quarter of recovery from the financial crisis. geithner tells the "wall street journal" the u.s. was well ahead of other countries in balancing debt to income and cutting leverage in the financial system. >>> and here's another reason to be a little optimistic today. mortgage rates are falling back toward record rows. freddie mac says the average rate on a 30-year fixed loan dipped to 3.38% from 3.4% last week. the 30-year average of 3.6% in 2012 was the lowest annual average in 65 years! cheaper mortgages, of course, where a major reason the housing market has been bouncing back and why many economists believe the recovery will strengthen this year. >>> and finally, sony's selling its u.s. headquarters at 550 madison avenue for $1.1 billion. the building was constructed in the early 1980's by at&t. sony bought the building in 1992 for just $236 million. back to you. >> thank you, jackie. keith? >>> president obama released his o
meantime, tim geithner says americans are too dark about the economy right now. the treasury secretary says the economy is in the final quarter of recovery from the financial crisis. geithner tells the "wall street journal" the u.s. was well ahead of other countries in balancing debt to income and cutting leverage in the financial system. >>> and here's another reason to be a little optimistic today. mortgage rates are falling back toward record rows. freddie mac says the...
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Jan 19, 2013
01/13
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>> yeah. >> that this is what the economy needs, the certainty. three month sincere definitely not certainty. >> will democrats vote for this? will you get democratic votes on this when boehner brings this up? >> it will depend on what it looks like. this is really gimmicky, gimmicking garbage at the end of the day. the responsible thing to do is to pass a debt ceiling increase because we have to pay our bills. really leaving this uncertainty hanging over our already fragile recovery is irresponsible. and to suggest that we're not going to pay our bills or tie the debt that we have to pay to anything that the republicans want to extract out of president obama is irresponsible. >> yeah. the republican that i look to right now is john cornyn. what a reversal. this guy writes an op-ed in the hometown newspaper in houston and turns around and tells the editorial board something totally different. what does that say about their leadership? >> it says they are all over the map. it says they are basically a rudderless ship and it says that they really do
>> yeah. >> that this is what the economy needs, the certainty. three month sincere definitely not certainty. >> will democrats vote for this? will you get democratic votes on this when boehner brings this up? >> it will depend on what it looks like. this is really gimmicky, gimmicking garbage at the end of the day. the responsible thing to do is to pass a debt ceiling increase because we have to pay our bills. really leaving this uncertainty hanging over our already...